Scooby you are 100% correct, it's just another way of diluting shares, CEO will give himself double the amount of shares which in turn he can sell into whatever news he put's out.
This is why I need to start a company, so I can get rich quick and then pawn the company to someone else.
are you talking about any FS or stock divy? or just 1-1(2-1 FS)? cause in the past 12 yrs I have made tons of money on FS and stock divys. they have turned to chit in the last couple years cause too many peop playing em.
now if you talking about restricted divys, I've had as many as 25 in my account. never had one become unrestricted. not one of em were ever worth the money it would have taken to get them unrestricted. they just keep disappearing from reverse splits. down to 9 now, and some of them the companys don't evn exist anymore.lol